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Thursday, August 12, 2021

BTC Monthly - Relax and take a look at the big picture!

BTC Monthly - Relax and take a look at the big picture!

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

Before reading, get rid of your moonboy mentality and no emotions for dips/corrections!

People are so focused on the hourly/ daily timeframe that they get emotional on every dip! Take a step back to the weekly/ monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!

You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling

Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!

Facts:
1. 2013 and present time is very eerily similar in Candle structure!
2. The three year RSI trendline bounce corresponds to the bottom of each bear market! It just bounced off again!!
3. Looks like we may create a bullish trend reversal once the blue line (K), and Orange line (D) crosses!! Might be this coming up month!! Get ready!!

Good Luck!


"If you can't beat the fear, do it scared!"

"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.

"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet

"Show me the charts, and I'll tell you the news." - Bernard Baruch



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